Ten Sixty Four Limited Updates on Tigerway Decline Progress Amid Operational Challenges

Ten Sixty Four Limited ( (AU:X64) ) has shared an update.

Ten Sixty Four Limited announced an update on the Tigerway decline at the Co-O Mine, highlighting delays caused by the COVID-19 pandemic and a regional earthquake. The project, initially slated for completion in December 2024, has been temporarily halted to address operational challenges such as ventilation and ore transport. Despite these setbacks, significant progress has been made, with development efforts shifting to creating main level access drives and ventilation infrastructure to support ongoing production.

More about Ten Sixty Four Limited

Ten Sixty Four Limited, alongside its 40% owned affiliate Philsaga Mining Corporation, operates within the mining industry, focusing on infrastructure development and ore extraction, particularly at the Co-O Mine.

YTD Price Performance: -80.0%

Average Trading Volume: 3,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $81.2M

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